Walt Disney Company rolls out own Techstars-powered Accelerator

The Walt Disney Company is launching its own Disney Accelerator powered by Techstars to incubate early stage companies possessing unique ideas about products in the consumer media and entertainment segment, TechCrunch reported.


Cyber attack on bitcoin a big warning to currency's users

A massive cyber attack from unknown sources that has been spamming bitcoin exchanges is highlighting some of the dangers people can encounter when they exchange cash for digital currencies like the bitcoin, experts said on Wednesday.

San Francisco-based MyHealthTeams secure $3.36M in Series A round led by The Westly Group

MyHealthTeams has obtained $3.36 million for its Series A funding round led by The Westly Group to create social networks to help those living with chronic conditions, TechCrunch reported.

Giant Interactive's sale of Alibaba shares values e-commerce company at $128B

Giant Interactive Group, a shareholder in Alibaba Group Holding, is selling a stake in the e-commerce company for about $199 million. Giant Interactive's share sale values Alibaba at roughly $128 billion.


Latest News

Rhenovia Pharma, biotechnology company that specializes in applying biosimulation in researching and developing new therapies, has secured $738,000 or €540,000 for its second financing round.
AppScotch, an ad tech firm, has decided to pull itself out of stealth mode to give advertisers the opportunity to give their audience a playable, interactive ad, TechCrunch reported.
Joyme.com, a mobile game portal company based in Beijing, has received $21.5 million in funding in a round led by Fosun Venture Capital Investment and joined by existing investor BlueRun Ventures.
Glasgow, Scotland-based travel agency and property developer Minoan Group PLC bought back a 20% holding in its travel and leisure business for £930,000, which it previously sold to an outside investor for £770,000.
Governor Raghuram Rajan of the Reserve Bank of India has reiterated concerns about the stability and credibility of virtual currencies like the Bitcoin, TechCrunch reported.
State-backed fund Innovation Network Corp of Japan (INCJ) entered an agreement to pick up a 20% stake in Kyoto-based robotic hand maker Squse Inc for JPY500 million ($4.9 million), according to three sources familiar with the matter.
Denver, US-based health management firm Welltok secured $22.1 million in a Series C funding round led by New Enterprise Associates to build a new application that will encourage consumers to maintain a healthy lifestyle.
Aboitiz Group, a conglomerate based in the Philippines, has exited completely from the shipping business by selling the interests it held in joint ventures with Norway-based Jebsen Group.
California, US-based mobile messaging app Snapchat was victimized again by a hacking attack that affected several accounts and sent spam photos of a fruit smoothie.
Microsoft is taking various steps that highlight it is seriously trying to get into the Internet of things, according to a VentureBeat report that took clues from a ZDNet report and other moves taken by the company.